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Bear Stearns Sale

Billionaire Lewis Loses $1.16B On Bear Stakes

Bloomberg | Katherine Burton and Sree Vidya Bhaktavatsalam | Posted 05.25.2011 | Business

Joseph Lewis, the billionaire investor who bought 9.4 percent of Bear Stearns Cos. last year, lost $1.16 billion on his stake after JPMorgan Chase & C...